Sure, the stock market is looking strong now, but the recent downturn has left investors understandably on edge. If you're nervous about whether your portfolio is set up to weather the next financial storm, here are five pieces of sound advice for you.
In 2008, R.P. McCabe saw a $1 million investment in real estate disappear, not due to the recession, but a Ponzi scheme that robbed around 700 investors of $100 million. First he got mad. Then he got depressed. Next, he got curious. And then he wrote a novel based on the experiences of his fellow victims: "Betrayed."
Once upon a time on Wall Street, if you wanted to make big bucks, you'd head for a big bank, private equity or a hedge fund. Lately, however, things have taken a turn for the surreal. For serious coin, you might be better off running a fuddy-duddy real estate investment trust.
It's easy to forget, given all the success stories of people who've gotten rich in real estate, but you have to remember: Your house is not an investment. Money can be made in real estate, but you're better off considering these investment vehicles than buying property directly.
As the economic recovery takes hold and the investing landscape shifts again, it's important to adjust your investment strategy to take advantage of the new opportunities. Here are 11 areas experts think you should consider putting your money into right now.
Shares of J.C. Penney surged as much as 16% after activist investor Bill Ackman's Pershing Square Capital Management disclosed that it had purchased a 16.5% stake in the struggling retailer.
